Saturday's News Links

[Reuters] As UK's Truss fights for her job, new finance minister warns of tough decisions

[Reuters] BoE's Bailey says stronger rates response needed to fight inflation

[Yahoo/Bloomberg] Ukraine Latest: Russia Hits Energy Infrastructure in Kyiv Region

[MarketWatch] ‘We’re seeing buyers backing out’: This dramatic chart reveals U-turn in the housing market as sellers slash home prices

[AP] New UK Treasury chief: Mistakes were made, tax rises coming

[Yahoo/Bloomberg] Hunt Warns UK Faces Tax Rises in Clear Sign Trussonomics Is Over

[Reuters] How Britain's pension scheme hedge became a trillion pound gamble

[Reuters] Credit Suisse prepares Swiss business sales to raise capital, Financial Times reports

[Reuters] ECB policymakers put balance sheet run-off on the table

[Yahoo/Bloomberg] ECB Must Not Let Up Too Soon in Inflation Fight, Nagel Says

[Reuters] Explainer: Australia floods: why the country is battling weather again

[MSN/WSJ] New Omicron Subvariants on the Rise in U.S.

[Bloomberg] BOE Bond Buying ‘Not About Steering Yields,’ Bailey Tells Market

[FT] Jeremy Hunt warns of spending cuts in bid to restore UK economic credibility

[FT] How Xi Jinping plans to tighten his grip at historic Communist party congress

[FT] China insists it will stick with zero-Covid policies